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ZipNumbers

Montgomery County · Indiana

ZIP code 47965

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47965 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
550

ZCTA residents

Median income
$75,089

Household, past 12 months

Median home
$151,500

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47965 sits in Montgomery County, Indiana and is home to 550 people. Median household income is $75,089, the median home is worth $151,500 and median gross rent is $968. 81.5% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Montgomery County

FIPS 18107

State
Indiana (IN)

807 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 47965

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
550ZIP 47965 residents
Median household income
$75,089Past 12 months, inflation adjusted
Median home value
$151,500Owner-occupied units
Median gross rent
$968Rent plus utilities, monthly
Median age
43.5 yrsAll residents
Homeownership rate
81.5%Owner-occupied households

Sales tax in 47965

What a purchase inside this ZIP costs at checkout.

Rate applied
7%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$70Before any exemptions

Indiana levies 7% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
15%Median rent ÷ median income
Price-to-income
2.0×Home value ÷ household income
Est. mortgage
$786/mo20% down, 30-yr at 6.75%
Poverty rate
2.7%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 47965 compares

ZIP 47965 against the median ZIP in Montgomery County and across Indiana.

MeasureZIP 47965County medianState medianvs state
Median household income$75,089$74,583$68,990+9%
Median home value$151,500$119,600$168,100-10%
Median gross rent$968$863$895+8%
Population5501,2432,793-80%

Medians are computed across the 11 ZIP areas in Montgomery County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 63% of 734 state ZIPs

#270
Home value

above 39% of 733 state ZIPs

#447
Population

larger than 19% of 807 state ZIPs

#652

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46349Newton County$75,057$198,300$963
46044Madison County$75,125$159,000$1,021
46554St. Joseph County$75,043$189,400$855
46050Clinton County$75,000$183,200$953
46542Kosciusko County$75,192$178,400$1,092
47977Jasper County$75,227$163,200$830

Nearby ZIP codes

Other ZIP codes filed under Montgomery County.

ZIP 47965 questions

Common questions about this ZIP code.

Where is ZIP code 47965?
ZIP 47965 lies mostly in Montgomery County, Indiana. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 47965?
Indiana charges 7% statewide.
Is 47965 expensive to live in?
Median rent runs $968 a month, about 15% of median household income, and the median home is worth $151,500-10% against the typical Indiana ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 47965, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.